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Our Landfill Economy

October 27, 2016

This "maximizing growth and profits is the highest good" mode of production is insane.

Correspondent Bart D. (Australia) captured the entire global economy in three words: The Landfill Economy. Stuff is manufactured, energy is consumed shipping it somewhere, consumers buy it and shortly thereafter it ends up as garbage in the landfill.

This is of course the definition of "economic growth": waste, inefficiency, environmental destruction--none of these matter. Only two things matter: maximize "growth" by any means necessary, and maximize profits by any means necessary.

The Landfill Economy now encompasses the entire planet. The swirling gyre of plastic trash the size of Texas between Hawaii and California: it's just one modest example of the planetary trash dump that "growth" and profit generate as byproducts/blowback.

The planet's oceans are one giant trash dump. Everything from plastic water bottles to abandoned fishing nets to radiation to containers that fell off ships is floating around even the most distant corners of the seas. Seabirds nesting in remote islands die of starvation as their guts fill with plastic bits of "permanent growth."

Globalization has turned the planet's land masses and rivers into trash dumps. Want to make a quick profit along a tropical sea coast? Dig some big holes near the coast, dump in baby prawns, food and chemicals to suppress algae blooms and diseases and then harvest the prawns to ship to the insatiable markets of the developed world.

Once the prawn farms are poisoned wastelands, move on and despoil another coastline elsewhere.

Globalization has greased the slippery slope from factory to landfill by enabling the global distribution of defective parts. Whether they are pirated, designed to fail or just the result of slipshod quality control, the flood of defective parts guarantee that the entire assembly they are installed in--stoves, vacuum cleaners, transmissions, electronics, you name it--will soon fail and be shipped directly to the landfill, as repairing stuff is far costlier than buying a new replacement.

QE/ZIRP Is Crushing the Global Supply Chain, Product Quality and Profits (October 17, 2016)

The Keynesian Cargo Cults that rule global economics love The Landfill Economy because it means more "growth". Never mind the poisoned seas, rivers and land, or the immense waste of energy, commodities and labor that result from the global manufacture and distribution of shoddy products: if it adds to "growth," it's all good in the warped view of the Keynesian Cargo Cults.

We got your "growth" right here.

People are also tossed on the trash heap with careless abandon. The health of workers is a cost that reduces profits, so it's ignored unless it can be turned into a profit center via state funding for managing preventable diseases, i.e. sickcare.

A worker sickened by industrial waste or lifestyle illnesses who becomes a profit center is a wonderful source of "growth" and profits.

A worker who can't generate a corporation or state a profit is dumped on the trash heap as a matter of routine. A worker who can't generate somebody a profit or "growth" by taking on more debt to spend spend spend is worthless.

If a robot or software can do the same work, then it is self-destructive for an enterprise to pay a human worker: if profits fall, Wall Street will crucify the enterprise and competitors will eat it alive.

This "maximizing growth and profits is the highest good" mode of production is insane. It doesn't have to rule the world. As I outline in my book A Radically Beneficial World: Automation, Technology & Creating Jobs for All, other more efficient, sustainable and humane modes of production are within reach if we escape from the global grip of the destructive "growth by any means" cult.

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Recent entries:

Our Landfill Economy October 27, 2016

Don't Diss the Dark Ages October 26, 2016

The Secrets of Self-Employment: Overhead and Capital Accumulation October 25, 2016

Two Sets of Solutions as the Status Quo Crumbles October 24, 2016

Welcome to Neocolonialism, Exploited Peasants! October 21, 2016

The Ruling Elite Has Lost the Consent of the Governed October 20, 2016

What Happens When the Electricity Is Off for Three Days? October 19, 2016

What Triggers Collapse? October 18, 2016

QE/ZIRP Is Crushing the Global Supply Chain, Product Quality and Profits October 17, 2016

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Our status quo--the pyramid of wealth and power dominated by the few at the top--has failed and is beyond reform.

This failure is not rooted in superficial issues such as politics or governmental regulations; the failure is structural.

The very foundation of the status quo has rotted away, and brushing on another coat of reformist paint will not save our societal house from collapse.

Yet those who benefit from our status quo naturally deny it has failed, for the reason that it has yet to fail them personally—either pretending to not understand that all unsustainable systems eventually collapse, or hoping to postpone it.

Our status quo is not only failing to solve humanity’s six core problems--it has become the problem.

Since this failure is now inevitable, something is coming to replace it.

Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle ebook, $8.95 print edition)

A Radically Beneficial World: Automation, Technology & Creating Jobs for All

Kindle $9.95   print $25   audiobook $18

Automation is upending the global order by eliminating human labor on an unprecedented scale--and the status quo has no solution to this wholesale loss of jobs.

What if we could hit the reset button on the way we create money, work, commerce and community? What if we could design a social economy rather than a merely financial one? These are not idle questions, for technology now enables us to hit that reset button and organize the creation of money, work, commerce and community in new ways.

If we could start from scratch, what would a new system look like? Clearly, we need a system that offers what the current system cannot: meaningful work for all.

This book is the practical blueprint of a new system that offers opportunities for meaningful work and ownership of the sources of prosperity not just to a few, but to everyone.

A radically beneficial world beckons—what are we waiting for?     Introduction     Chapter One (free PDF)

Get a Job, Build a Real Career and Defy a Bewildering Economy
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